GBP/USD Short Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 13, 2017 12:33 PM

Area of interest at 50% Fib 1.27924 to short:

- Daily time frame EMA acting as resistance
- RSI Divergence low, Day time frame
- Down trend
- Respected structural support to the left late April and late May

Trade active

⋅ Jun 14, 2017 9:08 AM

Trade closed: target reached

⋅ Jun 20, 2017 12:09 PM

Target reached with +2% gains